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    10 Route 31 Pennington, NJ 08534

    Sponsored
    For Sale
    Contact for pricing

    Class A Office, High Visibility, 4.83 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Class A office space, located at 10 N Route 31 N Unit 200 in Pennington, NJ, offers 4.83 acres of land and boasts a prime location with high visibility on Route 31. Currently configured as a second-floor suite with six windowed offices, two bathrooms, and a pantry area, along with a large open space, this versatile property is adaptable to various tenant needs and can be reconfigured to suit specific requirements. The suite features a private entrance with a dedicated elevator, ensuring convenient and independent access. Accessibility is ensured through handicap-accessible features. Tenants benefit from the inclusion of a large, 54-seat multimedia conference room and a shared kitchen, providing ample space for meetings and collaborative work. A separate entrance adds to the privacy and convenience of this space. The building is home to prestigious tenants, including Global Neurosciences Institute, Jag-One Physical Therapy, and Axiva Infusion Centers, establishing a high-quality professional environment. For the right tenant, subdivision of the space is a possibility. This property presents a unique opportunity for businesses seeking a prestigious and well-equipped office space in a highly visible location. The ample acreage offers significant potential for future expansion or development.

    Property Features for 10 Route 31

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    210,395 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pennington
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.79935
    Latitude
    40.32979

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, High Visibility, 4.83 Acres
    Where is this office property / space located?
    The property is located at 10 Route 31 Pennington, NJ.
    (609) 737-9100
    Request Owner's contact information
    10 Route 31 Pennington, NJ 08534
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    Pennington, NJ 08534
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Route 31 Pennington, NJ 08534
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